Insurance company assets to GDP (%) in Paraguay
Paraguay: Insurance company assets to GDP (%) was 1.8% in 2020. ▲ Rising
Insurance company assets to GDP in Paraguay, 2000–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Paraguay is 1.8%, measured in 2020. That is the highest value across all 21 years on record.
That represents a change of up 4.6% on the previous year and up 105.2% over ten years.
Over the whole period, insurance company assets to gdp in Paraguay peaked at 1.8% in 2020 and was at its lowest, 0.7%, in 2007.
Paraguay ranks 116th of 138 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Insurance company assets to GDP (%) in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.2% | — |
| 2001 | 1.2% | -6.6% |
| 2002 | 1.2% | -0.9% |
| 2003 | 1.0% | -9.9% |
| 2004 | 0.9% | -16.7% |
| 2005 | 0.8% | -3.5% |
| 2006 | 0.8% | -8.7% |
| 2007 | 0.7% | -1.6% |
| 2008 | 0.8% | +2.5% |
| 2009 | 0.9% | +19.6% |
| 2010 | 0.9% | -3.3% |
| 2011 | 1.2% | +30.1% |
| 2012 | 1.3% | +14.3% |
| 2013 | 1.4% | +3.1% |
| 2014 | 1.4% | +2.0% |
| 2015 | 1.5% | +9.1% |
| 2016 | 1.5% | -0.7% |
| 2017 | 1.5% | +2.7% |
| 2018 | 1.6% | +5.4% |
| 2019 | 1.7% | +6.9% |
| 2020 | 1.8% | +4.6% |
Paraguay compared with similar countries
- Paraguay's 1.8% is below the median for upper middle income countries, which is 4.9%, 37% of the median. (40 countries reporting)
- Paraguay's 1.8% is below the median for Latin America & Caribbean, which is 7.3%, 25% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.7% | 1.2% | 10 |
| 2010s | 1.4% | 0.9% | 1.7% | 10 |
| 2020s | 1.8% | 1.8% | 1.8% | 1 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.68 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Paraguay?
- Insurance company assets to gdp in Paraguay was 1.8% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Paraguay?
- The highest recorded value was 1.8% in 2020.
- What is the lowest insurance company assets to gdp recorded in Paraguay?
- The lowest recorded value was 0.7% in 2007.
- How does Paraguay rank for insurance company assets to gdp?
- Paraguay ranks 116th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Paraguay?
- Over the last ten years it is up 105.2%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data taken from a variety of sources such as AXCO and national sources.